Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Ondo Perps against Lighter RH−0.021%7-day average −0.047% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 7 days−0.028%−$3 · spread now −0.021%, 7d avg −0.047%
Together, before fees+0.016%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.026% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH AAPL338.670.0032pay 0.0004% / 1h5m 29s$947K$3.6M20x
ShortOndo Perps AAPL-USD.P338.600.0050get 0.0006% / 1h5m 29s$1.3M$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Lighter RH. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$3.86
Price spread: −0.021% → −0.047%
$2.62
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$1.49
Costs to cover
0.050%
Break-even
4.3 days
Slippage unknown: Lighter RH: live order book, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 3 min ago0.89 bp2.3 bp −$26.9 bp −$6950.2 bp −$5,019doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0906%4h338.80+0.038%$81K$326K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0045%1h338.47−0.059%$28K$67K10xas long as short
Nado AAPL-PERP−0.0041%1h338.63−0.013%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.81+0.042%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.75+0.024%$285K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h338.85+0.052%$22.2M$66.9M25xas long as short
Bybit AAPLUSDT0.0000%8h338.84+0.050%$5.9M$39.3M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.91+0.071%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.61−0.018%$3.0M$4.3M100xas long as short
Bitget AAPLUSDT0.0000%8h338.92+0.074%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h338.85+0.052%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.83+0.047%$17K$425K10xas long as short
SunX AAPL-USDT0.0000%8h338.86+0.056%$505$4.6M20xas long as short
HTX AAPL-USDT0.0000%8h338.95+0.083%$52K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h338.92+0.074%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0013%1h338.78+0.032%$3.2M$4.8M10xas long as short
BloFin AAPL-USDT+0.0016%8h338.89+0.065%$342K$169K20xas long as short
Hotstuff AAPL-PERP+0.0024%1h338.72+0.015%$36K20xas long as short
Lighter AAPL+0.0032%1h338.64−0.008%$778K$2.5M20xas long as short
Lighter RH AAPLlong+0.0032%1h338.67long leg$947K$3.6M20x
Arcus AAPL-USD+0.0040%1h338.75+0.024%$269K$69K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.61−0.018%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h338.78+0.032%$659K$672K10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.56−0.032%$261K$370K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.76+0.027%$75K$3K10xas long as short
Ondo Perps AAPL-USD.Pshort+0.0050%1h338.60−0.021%$1.3M$2.5M20x
tradeXYZ xyz:AAPL+0.0073%1h338.72+0.015%$40.7M$75.8M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.71+0.012%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.64−0.009%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.69+0.006%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.69+0.006%$10K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.60−0.021%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h338.83+0.047%$5K$11K20xas long as short